Maruti Suzuki, Indian Oil Forge Service Hubs at Fuel Stations
Overview
Maruti Suzuki India Limited and Indian Oil Corporation Limited have signed a Memorandum of Understanding to integrate vehicle service facilities at select Indian Oil fuel stations nationwide. This strategic tie-up leverages Indian Oil's extensive retail network to bolster Maruti Suzuki's after-sales service reach, offering customers one-stop solutions for refueling and vehicle maintenance. The collaboration aims to enhance accessibility and customer experience across India.
Stocks Mentioned
Maruti Suzuki India Limited and Indian Oil Corporation Limited signed a Memorandum of Understanding on Monday to establish vehicle service facilities at select Indian Oil fuel retail outlets across India. This strategic partnership aims to expand Maruti Suzuki's after-sales service footprint by integrating routine maintenance and minor repairs directly at Indian Oil's extensive network. Indian Oil's presence of over 41,000 fuel stations nationwide will significantly bolster Maruti Suzuki's reach, complementing its existing 5,780+ service touchpoints.
Enhanced Customer Convenience
This collaboration is designed to offer car owners a seamless, one-stop solution, allowing them to combine refueling with essential vehicle servicing. Ram Suresh Akella, Executive Officer (Service) at Maruti Suzuki, stated the partnership brings together the mobility and energy sectors to improve accessibility. Saumitra P. Srivastava, Director (Marketing) at IndianOil, highlighted the commitment to enhancing customer experience through value-added services. Both companies advised customers to confirm service availability with specific locations in advance. The shares of Maruti Suzuki India Limited closed at ₹16,605, up 0.63%, while Indian Oil Corporation Limited finished at ₹158.45, up 0.53% today.
